This paper argues that community philanthropy represents a shift in how power and decision-making are distributed in development efforts. Rather than top-down grantmaking, it embraces trust-based, locally led approaches that build assets and amplify community agency. Drawing on donor experiences across the globe, the report showcases practices that empower people to lead their own change, including participatory planning, long-term financial investments, and inclusive governance. The authors encourage donors to reflect on their own power and adjust their strategies to support equitable partnerships. It ultimately guides funders toward a sustainable model where communities, not institutions, drive philanthropic goals and solutions.